v3.25.0.1
LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Group's Debt Comprised
The Group’s debt comprised of the following:
As of December 31,
20242023
Principal
outstanding
balance in
currency of
debt
(in millions)
Outstanding
balance
($ in millions)
Principal
outstanding
balance in
currency of
debt
(in millions)
Outstanding
balance
($ in millions)
Term Loan B Agreement
USD First Lien Term Loan B due 2028— — $514 514 
EUR First Lien Term Loan B due 2026— — €507 560 
TLA/TLB/RCF Agreement
GBP First Lien Term Loan A due 2028£1,034 1,295 1,034 1,315 
EUR First Lien Term Loan A due 2028€380 395 380 419 
USD First Lien Term Loan A due 2028$166 166 166 166 
USD First Lien Term Loan B due 2030$3,875 3,876 3,400 3,400 
GBP Revolving Credit Facility due 2028£— — 578 736 
Senior secured notes
EUR Senior Secured Notes due 2029€500 524 — — 
USD Senior Secured Notes due 2029$525 532 — — 
Total debt principal including accrued interest6,788 7,110 
Less: unamortized debt issuance costs(52)(54)
Total debt6,736 7,056 
Less: current portion of long-term debt(53)(51)
Total long-term debt$6,683 $7,005 
Schedule of Contractual Principal Repayments
As of December 31, 2024, the contractual principal repayments of the Group’s outstanding borrowings, excluding accrued interest, amount to the following:
($ in millions)
2025$39 
202639 
202739 
20281,894 
20291,083 
Thereafter3,680 
Total$6,774